Gold Terra Secures Extension for Con Mine Acquisition

Gold Terra Resource (TSE:YGT) has released an update.

Gold Terra Resource Corp. has successfully negotiated a two-year extension on their option agreement with Newmont to November 2027, for the acquisition of the historically high-grade Con Mine in Yellowknife, NWT. This extension allows Gold Terra to further its drilling program, aiming to delineate over 1.5 million ounces of gold in the area around the former mine, which has previously produced over 6.1 million ounces.

For further insights into TSE:YGT stock, check out TipRanks’ Stock Analysis page.